2 papers
q-fin.PR2025
Interpretable Factors of Firm Characteristics
Yuxiao Jiao, Guofu Zhou, Wu Zhu +1
We develop a new framework for constructing factors from firm characteristics that balances statistical efficiency and economic interpretability. Instead of using all characteristi…
econ.GN2025
ChatGPT and Deepseek: Can They Predict the Stock Market and Macroeconomy?
Jian Chen, Guohao Tang, Guofu Zhou +1
We study whether ChatGPT and DeepSeek can extract information from the Wall Street Journal to predict the stock market and the macroeconomy. We find that ChatGPT has predictive pow…